English

Explain the following term/concept. Profession - Organisation of Commerce and Management

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Question

Explain the following term/concept.

Profession

Short Note

Solution

  1. Profession is a part of economic activity.
  2. A person who practices a profession is called a professional.
  3. A professional has to acquire particular knowledge under the formal education system.
  4. He practices and obtains skills in his profession. E.g. Doctors, Lawyers, Chartered Accountants, Architects, etc.
  5. A professional gets fees for his services.
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Chapter 1: Introduction of Commerce and Business - EXERCISE [Page 19]

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Balbharati Organisation of Commerce and Management (OCM) [English] 11 Standard Maharashtra State Board
Chapter 1 Introduction of Commerce and Business
EXERCISE | Q 2. 2) | Page 19
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